Press Releases & Investor Letters
Uphold Announces Interledger Connectivity with Coil Integration
Coil creators can now choose Uphold as their wallet provider gaining access to 50+ currencies, bank connectivity and a multi-asset debit card*
Uphold Launches World-First Multi-Asset Account and Debit Card
Uphold, a leading digital money platform that has powered more than $5 billion in transactions across 180 countries, today announces the world’s first multi-asset account with an affiliated debit card that allows users to seamlessly convert multiple funding sources, including Bitcoin, XRP, BAT, and Gold into fiat currency, to spend everywhere Mastercard is accepted, as well as withdraw cash at virtually all ATMs worldwide.
Uphold Introduces Commission-free Cryptocurrency Trading, and the World’s Easiest User Interface
Initially available only on iOS and Android mobile apps, the move represents a seismic shift in a sector that until now has largely resisted the commission-free model revolutionizing stock and ETF trading. Before today’s announcement, cryptocurrencies were one of the more expensive asset classes for retail investors to trade, with fees north of 200bps on some mainstream platforms. ‘Our goal is to create the easiest and most cost-effective place for retail investors to buy and sell cryptocurrencies and other assets,’ explained J.P. Thieriot, C.E.O. of Uphold. ‘And unlike our competitors, we’re staying true to the fundamental premise of cryptocurrencies: financial self-sovereignty.’
Fast-growing Fintech Firm Uphold Doubles Presence in Portugal
Uphold, the leading digital money platform, announced today the acquisition of Scytale, a digital agency based in Braga, Portugal. Uphold was an early believer in the technology talent to be found in the Portuguese hub around Porto, and the acquisition comes after deciding to further anchor its technology team in Portugal.
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